Showing 1 - 10 of 96
-country, multi-sectoral dataset, and quantify empirically to whatextent vocational training has contributed to increase the growth … the rate of productivity growth by around 0.55 percentage points... …
Persistent link: https://www.econbiz.de/10009486999
This paper provides a unified theory of the economic and demographic transition. Individualsmake optimal decisions about fertility, education of their children and the type and intensity ofthe investments in their own education. These decisions are affected by different dimensionsof mortality...
Persistent link: https://www.econbiz.de/10005862590
growth in market and home production. We focus on thesubstitutions between market and home production and on the structural …
Persistent link: https://www.econbiz.de/10005863374
The demographic transition is introduced into the otherwise standard Ramsey model to generate multiple equilibria …, poverty traps, and demography-driven cycles. The model is calibrated for global data to explore the demographic conditions … transitional cycles. The calibrated model shows that multiple equilibria can explain a considerable fraction of the global income …
Persistent link: https://www.econbiz.de/10013130458
decline on demographic and economic growth by a family-optimization model, in which fertility is endogenous and wealth yields … population growth, but the desire of status hampers fertility and prevents capital-diluting demographic expansion. If status …-seeking is strong, then the decline of mortality decreases population growth below its original level …
Persistent link: https://www.econbiz.de/10013131422
We test whether the growth experience of a sample of 21 OECD countries over the past three decades is more consistent … with the augmented Solow model or the Uzawa-Lucas model, by exploiting the different non-linear restrictions implied by … specify our growth regression without imposing cross-country homogeneity restrictions on the speed of convergence and short …
Persistent link: https://www.econbiz.de/10013136719
and accelerates toward modern growth. Our calibrated model is largely consistent with the set of historical data we have …This paper develops a two-sector model that illuminates the role played by agricultural modernization in the transition … from stagnation to growth. When agriculture relies on traditional technology, industrial development reduces the relative …
Persistent link: https://www.econbiz.de/10013136945
In this paper we show that vocational training is an important determinant of productivity growth. We construct a multi …-country, multi-sectoral dataset, and quantify empirically to what extent vocational training has contributed to increase the growth … accelerates the rate of productivity growth by around 0.55 percentage points …
Persistent link: https://www.econbiz.de/10013117615
"labor pull" hypothesis). We present a simple model that features both channels and use it to explore their relative …
Persistent link: https://www.econbiz.de/10013158519
? To answer this policy question we extend the basic Todaro-type model of rural-urban migration to the case of migration … based on these income parameters and illustrate the empirical remit of the model with long running panel data from Kagera …, Tanzania. Further, we show that the structure of the sufficient statistics is maintained in the case where the model is …
Persistent link: https://www.econbiz.de/10012958052